Details of issuance or disposal
Issuance of Sixth Unsecured Perpetual Bonds with provisions for deferred interest payments and optional redemption, and a subordination clause in the event of liquidation-type insolvency proceedings, by way of public offering
No increase
No dilution of shares will occur
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of Sixth Unsecured Perpetual Bonds with provisions for deferred interest payments and optional redemption, and a subordination clause in the event of liquidation-type insolvency proceedings, by way of public offering |
| Specific use of funds | Details Replacement of the existing hybrid financing / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | To be determined |
| Intended allottee | No specific prospective allottees, as the bonds will be offered to the public |
| Dilution Rate | No dilution of shares will occur |
| Total number of issued shares | No increase |
| Underwriter / lead underwriter | Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd., SMBC Nikko Securities Inc. |
Items this document does not state (21)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The funds will be raised toward the replacement of the existing hybrid financing. The issue amount will be determined based on a comprehensive assessment of demand conditions, market conditions and other factors, together with the subordinated term loan.